DSM Fresh Foods Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹109 Cr
- P/E
- 7.49
- ROE
- 17.64%
- PEG
- 0.12
- Price to sales
- 0.49
- Debt to equity
- 0.55
- 52W high / low
- ₹196 / ₹48.7
- Sales growth (5Y)
- 34.68%
- EBITDA margin
- 14.12%
- Net profit margin
- 6.60%
- Promoter holding
- 28.16%
- Sales (last year)
- ₹221 Cr
Incorporated in May 2015, DSM Fresh Foods Limited is engaged in the business of fresh meat and ready-to-cook/eat non-veg products retailer[1]
Guidance scorecard · Q4 FY26 call
What DSM Fresh Foods Ltd's management guided
and where it ranks in Food Products
RevenueQ2 FY26 call
20–40%- Focus on achieving rapid scale and becoming a large, multi-million-dollar business.
- Target to become an INR 1,000 crore company, with inorganic acquisitions playing a critical role.
- Expansion plans include increasing penetration in existing markets like Delhi, Bangalore, and Mumbai before entering new geographies.
- Each major city targeted to achieve around INR 150 crore scale organically, combining B2B, B2C, and meat shop segments.
- Growth driven by increased depth in categories such as fish and mutton, which have seen margin improvements.
- H2 expected to be stronger than H1 due to seasonalities.
- Plans to scale from pilots in 15-20 stores in Bangalore to more stores over the next 1-2 years.
2 more points from DSM Fresh Foods Ltd's call on revenue
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MarginsQ2 FY26 call
FlatSee what DSM Fresh Foods Ltd said on margins — free account, 30 seconds.
CapexQ2 FY26 call
Planned- Focus on automation and process integration to enhance profitability
- Plans to expand omnichannel presence combining online convenience with offline reach
- Exploring non-meat categories and creating depth in seafood and other categories for future growth initiatives
- Internal acquisitions are being planned, with two acquisitions currently in audit stage aimed at expanding assets, especially in the northern region targeting both export and domestic markets
2 more points from DSM Fresh Foods Ltd's call on capex
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FundraisingQ2 FY26 call
PlannedSee what DSM Fresh Foods Ltd said on fundraising — free account, 30 seconds.
Order bookQ2 FY26 call
- Monthly online orders are approximately 1.4 to 1.5 lakh orders.
- Growth in operational PIN codes is cautious; coverage includes high growth areas only to ensure profitability.
- Discussions ongoing with government bodies for state-level penetration and potential public-private partnerships, which could increase institutional/order volume.
- Focus is on building a robust omni-channel infrastructure, scaling cautiously to maintain business efficiency and profitability.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Food Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Food Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹459 Cr | 7.9 | |
| 2 | 40%+ | Up 2%+ | ₹454 Cr | 79.8 | |
| 3 | 40%+ | Flat | ₹1,061 Cr | 48.2 | |
| 4 | 40%+ | Flat | ₹157 Cr | 10.5 | |
| 5 | 20–40% | Up 2%+ | ₹671 Cr | 48.3 | |
| 6 | 20–40% | Up 2%+ | ₹265 Cr | 7.8 |
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Pro shows every company guiding 40%+ revenue growth →Full Food Products rankingFinancials of DSM Fresh Foods Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of DSM Fresh Foods Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of DSM Fresh Foods Ltd
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales + | 50 | 56 | 56 | 90 | 131 | 221 |
| Expenses + | 62 | 58 | 53 | 81 | 114 | 190 |
| Operating Profit | -12 | -2 | 4 | 9 | 16 | 31 |
| OPM % | -25% | -4% | 7% | 10% | 12% | 14% |
| Other Income + | 0 | -1 | -0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 1 | 4 | 7 |
| Depreciation | 1 | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | -13 | -3 | 3 | 8 | 12 | 23 |
| Tax % | 0% | -20% | 2% | 39% | 22% | 38% |
| Net Profit + | -13 | -2 | 3 | 5 | 9 | 14 |
| EPS in Rs | -9,278.57 | -1,778.57 | 1,957.14 | 3,134.23 | 5.52 | 6.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of DSM Fresh Foods Ltd
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 16 | 22 |
| Reserves | 2 | 12 | 16 | 38 | 33 | 94 |
| Borrowings + | 0 | 1 | 2 | 8 | 32 | 64 |
| Other Liabilities + | 7 | 9 | 3 | 4 | 3 | 14 |
| Total Liabilities | 9 | 21 | 22 | 50 | 84 | 195 |
| Fixed Assets + | 2 | 1 | 1 | 5 | 7 | 9 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 19 |
| Other Assets + | 8 | 20 | 21 | 45 | 77 | 166 |
| Total Assets | 9 | 21 | 22 | 50 | 84 | 195 |
Financials of DSM Fresh Foods Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -7 | -2 | -2 | -13 | -17 | |
| Cash from Investing Activity + | 3 | -0 | -1 | -5 | -10 | |
| Cash from Financing Activity + | 0 | 2 | 3 | 22 | 23 | |
| Net Cash Flow | -4 | 0 | -0 | 4 | -3 | |
| Free Cash Flow | -7 | -2 | -3 | -18 | -21 | |
| CFO/OP | 55% | 116% | -66% | -139% | -104% |
Financials of DSM Fresh Foods Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 42 | 53 | 29 | 21 | 47 | 92 |
| Inventory Days | 0 | 0 | 0 | 23 | 20 | |
| Days Payable | 59 | 65 | 24 | 18 | 17 | |
| Cash Conversion Cycle | -17 | -12 | 5 | 25 | 47 | 95 |
| Working Capital Days | 1 | 1 | 35 | 50 | 54 | 118 |
| ROCE % | -28% | 24% | 27% | 25% | 23% |
Continue your research
What DSM Fresh Foods Ltd's management said in earlier quarters
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